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Dec 5, 2013 10:00am EST
schatzker and stephanie ruhle. >> good morning. it is thursday in new york city. you are watching "market makers." i am erik schatzker. >> i am stephanie ruhle. after a week and a half, you may not be excited about it. -- allquote mariah carey i want for christmas is new -- >> got a change the topic very quickly. -- got to change the topic very quickly. we have an unbelievable lineup. >> we are already getting calls saying that joe baratta is on, i want to cancel meetings. then we will be speaking with alan mullally. i will share the interview i had yesterday afternoon. >> let's not forget about bill gross. >> who can forget the bond king? for now, let's get to the newsfeed. it is the top business story from around the world. the u.s. economy grew faster in the thor quarter than first figures showed. up from the initial estimate of 2.8%. the biggest increase in inventory since 1998 is the reason. two low-fare carriers will benefit from the merger that is creating the new american airlines. southwest air and virgin america will gain flight slots at laguardia airport. settleme
Dec 6, 2013 10:00am EST
is lower -- >> fast food workers in 100 cities across the country made a strike yesterday. they earn about nine dollars per hour. they want the minimum increased to $15 per hour. i want to bring in columbia university professor -- who focuses on labor inequality issues. i want to start with you. restaurant workers are calling for $15 per hour. don't they run the risk that mcdonald's or wendy's will cut the workforce? >> that is the myth. we have plenty of studies recently that show there are negligible employment effects when you raise the minimum wage. when you think about it, take the current employees -- $7.25 per hour. a big mac is three dollars. they could actually buy more big macs with the money. it would benefit mcdonald's as a company. they would not be working full- time. all americans should work hard. you're still living in poverty at the minimum wage. it is some economics. they are the consumers as well as the employees. they would consume more and create more demand for the very product that they sell. >> i think that makes a lot of sense. it certainly will hurt my margins. w
Dec 9, 2013 10:00am EST
. there are victories in caracas and several other cities. he appeared on tv an average of 90 minutes a day. that is today's latin america report. may be he can fill in for me next time eric is out. we are 26 past the hour. bloomberg is taken you on the markets. let's head to ruby tuesday's. the company has hired goldman to explore a sale according to that wire. they are still down year to date but they are having a bit of positive momentum today. and cisco has agreed to by u.s. foods for 3.5 billion dollars in the largest food distribution deal in north america in over 80 years. -- in over eight years. and the stock is at the highest level since 2004. todayld's is falling after disappointing same-store sales. oneu.s. market makes up third of macdonald's revenues. they were using happy meal treats from frozen may be more people would be in there. when we come back, congress going small. negotiators are coming up with a cease-fire. we will have that story in a moment. knowverything you want to about bitcoin but were afraid to ask. matt miller is a knee-deep in virtual currency. this is marke
Search Results 0 to 2 of about 3